Kinja reply list

Read More
lobstrHamilton Nolan
6/08/16 2:30pm
Feh, the better play is with the bounce-back of oil — I grabbed UWTI (which is a 3x Long Crude ETN ... “The investment seeks to replicate, net of expenses, three times the daily performance of the S&P GSCI Crude Oil Index ER.”) when it was $13.20 in February and more than tripled mah moneys (it’s trading at $41.10 at the moment, today up 310% from my initial investment) figuring it could only go up from there. Not sure how long this bubble will last, but UWTI and UCO are some good times.

As for Chinese stocks, I dabbled with Ali Baba (NYSE: BABA) when it first was first on the market in Nov 2015, bouncing around the $110 range, but the moment Stupid Jim Cramer hailed it as the next Google, I dumped that shit and it’s now floating in the mid $70s.
Reply
- Read More
  Jerry-Netherlandlobstr
  6/08/16 3:07pm
  There is a fairly well-established investment theory that says short anything Jim Camer says to buy. The stock will go up for a week or so and then take a dump. Your Alibaba investment is anecdotal evidence of this.
  Reply
- Read More
  GMOClobstr
  6/08/16 3:10pm
  Just like a gambler, only discussing the winners.
  Reply
Read More
╰(　´◔　ω　◔ `)╯< Woke and BokeHamilton Nolan
6/08/16 2:23pm
The surefire way to get rich out of this upcoming calamity is to join the smuggling community and help a poor, wealthy Chinese businessman sneak into the country, where he can be reunited with his offshore account.
Reply
- Read More
  eoghan01╰(　´◔　ω　◔ `)╯< Woke and Boke
  6/08/16 2:25pm
  That asshole businessman was stuck in Nigeria last year. I sent him a bunch of money, but he never paid me back. I wouldn’t recommend helping him out again, because he’s not very trustworthy.
  Reply
- Read More
  ╰(　´◔　ω　◔ `)╯< Woke and Bokeeoghan01
  6/08/16 2:28pm
  I can help you get you money back, just email me your social security number and current address. hilaria@gawker.com
  Reply
Read More
festivusaziliHamilton Nolan
6/08/16 2:27pm
I’m putting all my money in Bear Bonds. Handcuffs for bears. Currently accepting capital investments. Must meet SEC’s “accredited investor” standard. Hit me up on Kinja, it’s where all the big dogs do business.
Reply
- Read More
  tag007festivusazili
  6/08/16 2:31pm
  I have a large supply of Bear Claws if you’re interested. Meet me at the donut shop near the karate school. It’s called TaeKwonDonuts.
  Reply
- Read More
  ninjaginfestivusazili
  6/08/16 2:31pm
  YOU are a treasure!
  
  GIF
  
  Reply
Read More
Sid and FinancyHamilton Nolan
6/08/16 2:24pm
Then you can hedge your position with swaps from AIG — free money!
Reply
- Read More
  ReburnsABurningReturnsSid and Financy
  6/08/16 2:42pm
  I tried to model such a CDS, but I kept getting a #NUM error in Excel in the field labeled “Regulatory Capital Requirements”.
  Reply
- Read More
  Sid and FinancyReburnsABurningReturns
  6/08/16 3:08pm
  In M&A, if F9 doesn’t fix it, we just hard code it and call it an illustrative assumption.
  Reply
Read More
GMOCHamilton Nolan
6/08/16 3:03pm
I wouldn’t be so sure that everyone is yelling it’s going to collapse. I hear plenty of people saying China will be fine. I disagree with them and have been shorting on and off via YANG. There are a lot of empty buildings in China which means bad loans usually taken out by local government. No one actually knows how big the problem is which is itself a huge problem. YANG is closer to it’s 52 week low rather than it’s 52 week high so I don’t sense the heard has jumped on the China short.
Reply
- Read More
  Code Name-DutchessGMOC
  6/08/16 3:42pm
  I’ve been watching that (and similar) for the last two months. Like you said, I’m concerned that nobody knows the true extent. While I believe it may be worse than we even think, I don’t know how long China can continue to hide it from everyone. My feeling is that they can drag this out quite awhile before we learn the truth.
  Reply
- Read More
  caekislove-caekingitupGMOC
  6/08/16 4:19pm
  China will be fine. Their state sector still exists and is more or less fully insulated from their casino-style stock market.
  Reply
Read More
Dave Hamilton Nolan
6/08/16 2:24pm

Bridge for sale. No reasonable offer refused.
Reply
- Read More
  AnastraceDave
  6/08/16 2:27pm
  That’s a great deal! Someone told me I could setup a toll booth and charge people to cross! This will be the best investment ever!
  
  Reply
Read More
LordBurleighHamilton Nolan
6/08/16 2:26pm
I’ll go ahead and bury gold bullion in the backyard, thanks.
Reply
- Read More
  Lannister HandjobLordBurleigh
  6/08/16 2:38pm
  As a landscaper dreaming of finding such a cache; thZnk you!
  Reply
- Read More
  2k-jinLordBurleigh
  6/08/16 2:50pm
  I’m going to follow those steps. Now I just need to get some gold bullion. And a yard. And a job.
  Reply
Read More
stuckinthegreyswithyouHamilton Nolan
6/08/16 2:30pm
Too risky. I got burned badly by shorting Natural Gas via triple leveraged ETFs during the polar vortex.

There’s just too many macro events at play here. Only 10% of the Chinese are involved in the market, which means it’s easier for games and manipulation to occur. It’s different from the US markets, where a much larger percentage is vested in the market, whether the people realize it or not (i.e. 401(k)s).
Reply
Read More
Sean BrodyHamilton Nolan
6/08/16 2:24pm
If you do make this investment, please contact me, as I have some other outlandish gambles to offer a man with your sophisticated taste for risk.

I am in the market for a large bridge
Reply
Read More
Fabian KnockwurstHamilton Nolan
6/08/16 2:56pm
Doesn’t this scheme depend (as is so often in market investments) that relatively few ‘make the wager’? That is, if enough folks, (or rather, enough assets), follow this tip then the return will vanish, won’t it?
Reply